Examples of USD Revolving Loans in a sentence
Within the foregoing limits and subject to the terms and conditions set forth herein, the Parent Borrower may borrow, prepay and reborrow USD Revolving Loans.
The Borrowers shall repay to the USD Revolving Lenders on the Maturity Date the aggregate principal amount of USD Revolving Loans outstanding on such date.
USD Revolving Loans may consist of Base Rate Loans and Fixed LIBOR Rate Loans, or a combination thereof, as the applicable Borrowers may request, and may be repaid and reborrowed in accordance with the provisions hereof.
The Territory will be a low land-clearing jurisdiction, protecting the ‘carbon bank’ in our landscape.
Amounts to be applied pursuant to this Section 2.05 to the prepayment of USD Revolving Loans, Multi-Currency Revolving Loans and Specified Currency Revolving Loans or the Term Loans shall be applied, as applicable, first to reduce outstanding Base Rate Loans.
USD Revolving Loans may consist of Base Rate Loans, Floating LIBOR Rate Loans and Fixed LIBOR Rate Loans, or a combination thereof, as the applicable Borrowers may request, and may be repaid and reborrowed in accordance with the provisions hereof.
For the avoidance of doubt, the provision of USD Swingline Loans by any USD Swingline Bank shall be in addition to, and shall not relieve such USD Bank from its obligation to make USD Revolving Loans ratably in proportion to the amount of, its USD Commitment.
Notwithstanding anything to the contrary herein, no USD Revolving Loans, Multi-Currency Revolving Loans or Specified Currency Revolving Loans shall be made to WFS Singapore unless each Lender in the relevant Facility has confirmed in writing to the Administrative Agent that it has a Lending Office located in Singapore or is licensed to lend directly to WFS Singapore.
The Borrowers shall pay to the Administrative Agent for the account of each USD Revolving Lender in accordance with its Applicable USD Revolving Percentage, a commitment fee in Dollars equal to the Applicable Rate times the actual daily amount by which the Aggregate USD Revolving Commitments exceed the sum of (i) the Outstanding Amount of USD Revolving Loans and (ii) the Outstanding Amount of L/C-BA Obligations, subject to adjustment as provided in Section 2.16.
The proceeds of such USD Revolving Loans shall be immediately applied to repay the Refunded USD Swing Line Loans.